article in afr

Todays AFR has an article about Briggs and makes reference to WGP as his vehicle. Seems very positive on WGP and even on Briggs.

As to WGP's future I also think it is bright it has just been tarnished by the recent run up and subsequent retreat. I have posted previous my views regarding Kentucky and the mini wells. Simply if they get 400 barrels a day, that is some $10m in revenue with relatively low expenses. Real value and expounded by Briggs is the CSG. Not sure it is as big a briggs has indicated in the article, but could be. need to wait for certicification of 2P reserves really get an idea. Also will get the full $3m back from ERM already got $100,000.

As to ROC JV could be enormous but this is down the track and potentially not refelcted at all in the current price.

Interesting to see if many persons sell their 32000 shares to make a quick 100%.

And just to highlight to many who may not realise this but WGP is highly speculative - could go through the roof or the floor. Dont put your life savings only what you can afford to loose at the worst.